Quebecor Inc. (OTCMKTS:QBCRF) Receives Consensus Rating of “Moderate Buy” from Analysts

Quebecor Inc. (OTCMKTS:QBCRF) has received an average recommendation of “Moderate Buy” from the seven research firms that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company.

A number of research analysts have commented on QBCRF shares. Royal Bank Of Canada restated a “sector perform” rating on shares of Quebecor in a research note on Friday, August 7th. Raymond James Financial began coverage on Quebecor in a report on Wednesday, July 15th. They issued a “market perform” rating on the stock. Scotiabank reissued a “sector perform” rating on shares of Quebecor in a research note on Friday, August 7th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Quebecor in a report on Friday, July 10th. Finally, TD Securities reaffirmed a “buy” rating on shares of Quebecor in a research report on Friday, August 7th.

Quebecor Price Performance

Quebecor stock opened at $46.80 on Wednesday. The company’s 50 day simple moving average is $47.68 and its 200-day simple moving average is $44.21. The company has a debt-to-equity ratio of 2.39, a quick ratio of 0.76 and a current ratio of 0.94. Quebecor has a 1 year low of $29.18 and a 1 year high of $49.05. The company has a market capitalization of $10.47 billion and a price-to-earnings ratio of 32.05.

Quebecor (OTCMKTS:QBCRF) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01). Quebecor had a return on equity of 34.04% and a net margin of 16.30%.The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $997.78 million.

Quebecor Company Profile

Quebecor Inc is a Canadian integrated media and telecommunications company offering a diversified portfolio of services and content. Through its wholly owned subsidiary Vidéotron, the company provides cable television, high-speed internet, wireless telephony and residential and business telecom solutions. Its media arm, Quebecor Media, publishes newspapers and magazines, operates specialty and conventional television networks and engages in digital media and advertising across multiple platforms.

Founded by Pierre Péladeau in 1965 as a printing enterprise in Montreal, Quebecor has expanded its operations over five decades into one of Canada’s leading content creators and service providers.